Private Equity
Michael Langdon is the second senior private equity professional to leave the $41bn pension system in two months. Langdon will help Hermes GPE establish its first-ever Boston office.
2 min read · 06 January 2013
The intense shuffling of US public pension investment officials has continued with Ron Schmitz, the long-time CIO of the Oregon State Treasury, leaving for the Virginia Retirement System.
2 min read · 06 January 2013
Jim Treanor left Florida’s state pension system as head of private equity in July. He will work on hedge fund research at a time when ‘the distinctions blur between many strategies employing hedge fund and private equity'.
2 min read · 06 January 2013
The $26bn pension system appointed Jeffrey Burton to monitor its $6.5bn alternative investments portfolio less than two months after hiring Lauren Lenfest as managing director.
1 min read · 06 January 2013
The $23bn pension will look for opportunities to invest alongside GPs in its portfolio for the first time and has set its target commitment amount for fiscal 2012 at $625m.
3 min read · 06 January 2013
Fundraising by firms targeting emerging markets is accelerating, says trade body EMPEA, which predicts the total will reach $40bn by year end, almost double the $23.5bn raised in the whole of 2010.
3 min read · 06 January 2013
Dubai-headquartered private equity firm Abraaj Capital has acquired North African rival Amundi's North African private equity business, a month after it failed in its bid to obtain a stake in Egyptian peer Citadel Capital.
2 min read · 06 January 2013
The private equity advisor is funding the spin-out of managers from The Canopy Group, former Novell CEO Ray Noorda’s investment firm.
2 min read · 06 January 2013
Non-EU fund managers have been provided a brief window to submit their feedback on how EU regulators are proposing to supervise their access to EU institutional investors.
2 min read · 06 January 2013
HgCapital Trust, the listed arm of Ian Armitage (pictured)-led buyout group HgCapital, outperformed the FTSE All Share index in the first half - although NAV growth was down on H2 last year.
3 min read · 06 January 2013